Delaware | 83-4364296 | ||
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) | ||
Large accelerated filer | ☒ | Accelerated filer | ☐ | ||||||
Non-accelerated filer | ☐ | Smaller reporting company | ☐ | ||||||
Emerging growth company | ☐ | ||||||||
Exact name of additional registrant guarantor as specified in its charter | State or other jurisdiction of incorporation or organization | I.R.S. Employer Identification Number | Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices | Name, address, including zip code, and telephone number, including area code, of agent for service | ||||||||
Mylan Inc. | Pennsylvania | 25-1211621 | 1000 Mylan Boulevard Canonsburg, Pennsylvania 15317 | c/o CT Corporation System, Washington County | ||||||||
Mylan II B.V. | Netherlands | N/A | Krijgsman 20 1186 DM Amstelveen Amsterdam, the Netherlands | Corporation Service Company 19 West 44th Street, Suite 200, New York, NY 10036 | ||||||||
Utah Acquisition Sub Inc. | Delaware | 84-4554869 | 1000 Mylan Boulevard Canonsburg, Pennsylvania 15317 | The Corporation Trust Company Corporation Trust Center 1209 Orange Street Wilmington, DE 19801 |

• | should not in any instance be treated as categorical statements of fact, but rather as a way of allocating the risk among the parties to such documents if those statements prove to be inaccurate; |
• | may be qualified by disclosures that were made to the other party in connection with the negotiation of the applicable document, which disclosures are not necessarily reflected in the document; |
• | may apply standards of materiality in ways that are different from what may be viewed as material to you or other investors; and |
• | were made only as of the date of the applicable document or such other date or dates as may be specified in the document and are subject to more recent developments. |
• | Annual Report on Form 10-K of Viatris for the year ended December 31, 2024, filed on February 27, 2025, as amended by Amendment No. 1 on Form 10-K/A, filed on April 30, 2025; |
• | Quarterly Report on Form 10-Q of Viatris for the quarter ended March 31, 2025, filed on May 8, 2025; |
• | Current Reports on Form 8-K of Viatris, filed on February 27, 2025 (Item 8.01 only), May 5, 2025 (Item 5.02 only) and May 8, 2025 (Item 8.01 only); and |
• | the description of our capital stock contained in Exhibit 4.9 to the Annual Report on Form 10-K of Viatris for the year ended December 31, 2023, filed on February 28, 2024, as supplemented by any subsequent amendments and reports filed for the purpose of updating such description. |
• | the possibility that the Company may not realize the intended benefits of, or achieve the intended goals or outlooks with respect to its strategic initiatives and priorities (including divestitures, acquisitions, strategic alliances, collaborations or other potential transactions) or accelerate its growth by building on the strength of its base business with an expanding portfolio of innovative, best-in-class, patent-protected assets; |
• | the possibility that the Company may be unable to achieve intended or expected benefits, goals, outlooks, synergies, growth opportunities and operating efficiencies in connection with divestitures, acquisitions, strategic alliances, collaborations or other transactions or restructuring programs, within the expected timeframes or at all; |
• | the ongoing risks and uncertainties associated with our recent divestitures; |
• | goodwill or impairment charges or other losses; |
• | the Company’s failure to achieve expected or targeted future financial and operating performance and results; |
• | the potential impact of natural or man-made disasters, public health outbreaks, epidemics, pandemics or social disruption in regions where we or our partners or suppliers operate; |
• | actions and decisions of healthcare and pharmaceutical regulators; |
• | changes in relevant laws, regulations and policies and/or the application or implementation thereof, including but not limited to tax, healthcare and pharmaceutical laws, regulations and policies globally; |
• | the ability to attract, motivate and retain key personnel; |
• | the Company’s liquidity, capital resources and ability to obtain financing; |
• | any regulatory, legal or other impediments to the Company’s ability to bring new products to market, including but not limited to “at-risk launches”; |
• | products in development that receive regulatory approval may not achieve expected levels of market acceptance, efficacy or safety; |
• | longer review, response and approval times as a result of evolving regulatory priorities and reductions in personnel at health agencies; |
• | success of clinical trials and the Company’s or its partners’ ability to execute on new product opportunities and develop, manufacture and commercialize products; |
• | any changes in or difficulties with the Company’s manufacturing facilities, including with respect to inspections, remediation and restructuring activities, supply chain or inventory or the ability to meet anticipated demand; |
• | the scope, timing and outcome of any ongoing legal proceedings, including government inquiries or investigations, and the impact of any such proceedings on the Company; |
• | any significant breach of data security or data privacy or disruptions to our IT systems; |
• | risks associated with having significant operations globally; |
• | the ability to protect intellectual property and preserve intellectual property rights; |
• | changes in third-party relationships; |
• | the effect of any changes in the Company’s or its partners’ customer and supplier relationships and customer purchasing patterns, including customer loss and business disruption being greater than expected following an adverse regulatory action, acquisition or divestiture; |
• | the impacts of competition, including decreases in sales or revenues as a result of the loss of market exclusivity for certain products; |
• | changes in the economic and financial conditions of the Company or its partners; |
• | uncertainties regarding future demand, pricing and reimbursement for the Company’s products; |
• | uncertainties and matters beyond the control of management, including but not limited to general political and economic conditions, potential for adverse impacts from future tariffs and trade restrictions, inflation rates and global exchange rates; and |
• | inherent uncertainties involved in the estimates and judgments used in the preparation of financial statements, and the providing of estimates of financial measures, in accordance with U.S. GAAP and related standards or on an adjusted basis. |
• | title, aggregate principal amount and, if a series, the total principal amount authorized and the total principal amount outstanding; |
• | whether the securities are senior, subordinated or junior subordinated debt securities; |
• | provisions relating to conversion or exchange of debt securities into any securities or property; |
• | percentage(s) of principal amount at which such securities will be issued, including any original issue discount; |
• | issuance date; |
• | maturity date(s); |
• | interest rate(s), which may be fixed rate or variable rate, or the method for determining the interest rate(s); |
• | date(s) on which interest will accrue or the method for determining dates on which interest will accrue, the date(s) on which interest will be payable, the record date(s) for such interest payment date(s) and the basis on which interest will be calculated; |
• | whether interest will be payable in cash or in additional debt securities of the same series, or shall accrue and increase the aggregate principal amount outstanding of such series (including if the debt securities were originally issued at a discount); |
• | the identities of guarantors, if any, and the terms on which the payment of interest, premium (if any) and principal on the debt securities will be guaranteed by such guarantors; |
• | whether, and under which circumstances, if any, additional amounts on the debt securities will be payable and whether, and the terms on which, debt securities will be redeemable if such additional amounts are payable; |
• | mandatory or optional redemption or early repayment provisions; |
• | authorized dollar amounts of denominations; |
• | form; |
• | amount of discount or premium, if any, with which such securities will be issued; |
• | whether such securities will be issued in whole or in part in the form of one or more global securities and, if so, the identity of the depositary or depositaries for global securities; |
• | whether a temporary security is to be issued with respect to such series and whether any interest payable prior to the issuance of definitive securities of the series will be credited to the account of the persons entitled thereto; |
• | the terms upon which beneficial interests in a temporary global security may be exchanged in whole or in part for beneficial interests in a definitive global security or for individual definitive securities; |
• | any covenants applicable to the particular debt securities being issued; |
• | any defaults and events of default applicable to the particular debt securities being issued; |
• | currency, currencies or currency units in which the debt securities are denominated and in which the purchase price for, the principal of and any premium and any interest on such securities will be payable; |
• | securities exchange(s) on which the securities will be listed, if any; |
• | our obligation or right to redeem, purchase or repay securities under a sinking fund, amortization or analogous provision; |
• | provisions relating to covenant defeasance and legal defeasance; |
• | provisions relating to satisfaction and discharge of the applicable indenture; |
• | provisions relating to the modification of the applicable indenture both with and without the consent of holders of debt securities issued under such indenture; |
• | provisions, if any, granting special rights upon the occurrence of specified events; |
• | any restriction of transferability, sale or assignment of the series; |
• | whether the debt securities of a series will be secured by any collateral and, if so, the terms and conditions upon which such debt securities shall be secured and, if applicable, upon which such liens may be subordinated to other liens securing other indebtedness; and |
• | additional terms subject to the applicable provisions of the applicable indenture. |
• | any aspect of the records relating to or payments made by the depositary, its nominee or any participants on account of beneficial interests in the global security or for maintaining, supervising or reviewing any records relating to such beneficial interests; |
• | the payment to the owners of beneficial interests in the global security of amounts paid to the depositary or its nominee; or |
• | any other matter relating to the actions and practices of the depositary, its nominee or its participants. |
(1) | either the Company shall be the continuing entity or the successor, transferee or lessee entity, if other than the Company (the “Successor Company”), shall expressly assume, by a supplemental indenture, executed and delivered to the trustee, all the obligations of the Company under the debt securities and the indenture; |
(2) | immediately after such transaction, no default shall have occurred and be continuing; and |
(3) | the Company shall have delivered to the trustee an officer’s certificate and an opinion of counsel, each stating that such consolidation, merger, sale or lease and such supplemental indenture comply with the indenture. |
(1) | a failure to pay interest on the debt securities of such series that continues for a period of 30 days after payment is due; provided that if we are permitted by the terms of the debt securities to defer the payment in question, the date on which such payment is due and payable shall be the date on which we must make payment following such deferral, if the deferral has been made pursuant to the terms of the debt securities of that series; |
(2) | a failure to pay the principal or premium, if any, on the debt securities of such series when due upon maturity, redemption (otherwise than pursuant to a sinking fund), acceleration or otherwise; provided that if we are permitted by the terms of the debt securities to defer the payment in question, the date on which such payment is due and payable shall be the date on which we must make payment following such deferral, if the deferral has been made pursuant to the terms of the debt securities of that series; |
(3) | a failure to comply with the covenant described above under the caption “—Consolidation, Merger and Sale of Assets”; |
(4) | a failure to comply with (x) any of the Company’s and the guarantors’ other applicable agreements contained in the applicable indenture and applicable to the debt securities of such series (other than (i) a failure that is subject to the foregoing clause (1), (2) or (3) or (ii) a failure to comply with the covenant described above under the caption “—Reports”) for a period of 60 days after receipt by the Company of written notice of such failure from the trustee for the debt securities of such series (or receipt by the Company and the trustee of written notice of such failure from the holders of at least 25% of the principal amount of the applicable series of debt securities) or (y) the requirements set forth in the covenant described above under the caption “—Reports” for a period of 120 days after receipt by the Company of written notice of such failure from the trustee for the debt securities of such series (or receipt by the Company and the trustee of written notice of such failure from the holders of at least 25% of the principal amount of the applicable series of debt securities); |
(5) | with respect to senior debt securities, one or more defaults shall have occurred under any of the agreements, indentures or instruments under which the Company or any significant subsidiary of the Company has outstanding indebtedness in excess of $250.0 million, individually or in the aggregate, and either (a) such default results from the failure to pay such indebtedness at its stated final maturity and such default has not been cured or the indebtedness repaid in full within 20 days of the default or (b) such default or defaults have resulted in the acceleration of the maturity of such indebtedness and such acceleration has not been rescinded or such indebtedness repaid in full within 20 days of the acceleration; |
(6) | with respect to senior debt securities, one or more judgments or orders that exceed $250.0 million in the aggregate (net of amounts covered by insurance or bonded) for the payment of money have been entered by a court or courts of competent jurisdiction against the Company or any significant subsidiary of the Company and such judgment or judgments have not been satisfied, stayed, annulled or rescinded within 60 days after such judgment or judgments become final and nonappealable; |
(7) | any guarantee by a significant subsidiary of the Company of the Company’s Indenture Obligations (as defined in the applicable indenture) under such series of debt securities shall for any reason cease to be, or shall for any reason be held in any judicial proceeding not to be, or asserted in writing by any significant subsidiary of the Company or the Company not to be, in full force and effect and enforceable in accordance with its terms, except to the extent contemplated by the applicable indenture and any such guarantee by such significant subsidiary of the Company’s Indenture Obligations under such series of debt securities, and any such default continues for 10 days; |
(8) | certain events of bankruptcy, insolvency or reorganization relating to the Company or any of its significant subsidiaries; |
(9) | the failure of the Company to pay a sinking fund installment, if any, when and as the same shall become payable by the terms of a debt security of such series, which failure shall have continued unremedied for a period of 30 days; and |
(10) | the occurrence of any other event of default with respect to debt securities of such series as described in the applicable prospectus supplement or free writing prospectus. |
• | the trustee has failed to institute such proceeding for 60 days after the holder has previously given to the trustee written notice of a continuing event of default with respect to the debt securities of such series; |
• | the holders of at least 25% in aggregate principal amount of the outstanding debt securities of such series have made a written request, and offered to the trustee reasonable security and/or indemnity satisfactory to it to institute such proceeding as trustee; and |
• | the trustee has not received from the holders of a majority in aggregate principal amount of the outstanding debt securities of such series a direction that is inconsistent with such request. |
• | cure any ambiguity, defect, mistake or inconsistency in the applicable indenture; |
• | provide for uncertificated debt securities in addition to or in place of certificated debt securities; |
• | comply with the provisions described above under the caption “—Consolidation, Merger and Sale of Assets” or the covenant in the applicable indenture governing guarantees, including to provide for or evidence the release of any guarantor in accordance with the terms thereof; |
• | evidence and provide for the acceptance of appointment by a successor trustee and add to or change any provisions of the indenture as shall be necessary for or facilitate the administration of the trusts thereunder by more than one trustee, pursuant to the requirements of the applicable indenture; |
• | comply with requirements of the SEC in order to effect or maintain the qualification of the applicable indenture or any supplemental indenture thereto under the Trust Indenture Act; |
• | make any change that would provide any additional rights or benefits to the holders of the debt securities of such series or that does not adversely affect in any material respect the legal rights under the applicable indenture of the holders of the debt securities of such series; |
• | secure any series of debt securities; |
• | establish the form and terms of securities of any series pursuant to the applicable indenture, or authorize the issuance of additional debt securities of a series previously authorized; |
• | add covenants for the benefit of the holders of such series of debt securities or to surrender any right or power conferred upon the Company or any guarantor; |
• | conform the text of the applicable indenture, any supplemental indenture thereto, the debt securities or any guarantees thereof to the extent a provision thereof was intended to be a substantially verbatim recitation of the applicable provision of the “Description of Debt Securities and Guarantees” or the “Description of Notes and Guarantees” (or comparable section) contained in the applicable registration statement, prospectus, prospectus supplement, free-writing prospectus or offering memorandum; |
• | allow any guarantor to execute a supplemental indenture and/or guarantee with respect to the debt securities of any series; |
• | add to, change or eliminate any of the provisions of the applicable indenture with respect to one or more series of debt securities, so long as any such addition, change or elimination not otherwise permitted under the indenture shall (A) neither apply to any debt security of any series created under such indenture prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor modify the rights of the holders of any such debt security with respect to the benefit of such provision or (B) become effective only when there is no such debt security outstanding; |
• | supplement any of the provisions of the applicable indenture to such extent as shall be necessary to permit or facilitate the defeasance and discharge of any series of debt securities; provided that any such action shall not adversely affect the interests of the holders of debt securities of such series or any other series of debt securities; |
• | prohibit the authentication and delivery of additional series of debt securities; |
• | solely with respect to the subordinated debt indenture, to make any change to the applicable provisions of such indenture that limit or terminate the benefits applicable to any holder of senior debt securities; and |
• | solely with respect to the junior subordinated debt indenture, to make any changes to the applicable provisions of such indenture that limit or terminate the benefits applicable to any holder of senior debt securities or subordinated debt securities. |
• | extend the due date of the principal of, or any installment of principal of or interest on, the debt securities of such series, or reduce the amount of the principal of an original issue discount security; |
• | materially adversely affect the economic terms of a right to convert or exchange any debt security of such series, if any; |
• | reduce the principal amount of, or any premium or interest rate on, the debt securities of such series; |
• | change the place or currency of payment of principal of, or any premium or interest on, the debt securities of such series; |
• | reduce the amount payable upon the redemption of any debt security of such series; |
• | impair the right to institute suit for the enforcement of any payment on or with respect to the debt securities of such series after the due date thereof; or |
• | reduce the percentage in principal amount of the debt securities of such series then outstanding, the consent of whose holders is required for modification or amendment of the indenture, for waiver of compliance with certain provisions of the indenture or for waiver of certain defaults. |
• | either the delivery to the trustee for cancellation all debt securities of such series or, in the case of a series of debt securities that have become due and payable, will become due and payable within one year or have been called for redemption, the irrevocable deposit with the trustee in trust of cash, government obligations or a combination thereof sufficient to pay off the entire indebtedness on the debt securities of such series; |
• | we or any guarantor has paid all sums payable by it with respect to such series of debt securities under the applicable indenture; and |
• | we have delivered irrevocable instructions to the trustee for such series of debt securities under the applicable indenture to apply the deposited money toward the payment of the debt securities at maturity or on the redemption date, as the case may be. |
• | deemed to have paid and discharged the entire indebtedness of the debt securities of such series and any guarantees thereof (a “legal defeasance option”); or |
• | released from our obligations and any of our guarantor’s obligations under certain restrictive covenants in the indenture and, following such release, noncompliance with such covenants shall not constitute a default or an event of default (a “covenant defeasance option”). |
• | of any insolvency, bankruptcy, receivership, liquidation, reorganization or other similar proceedings in respect of us or our property; or |
• | that debt securities of any series are declared due and payable before their expressed maturity because of an event of default other than an insolvency, bankruptcy, receivership, liquidation, reorganization or other similar proceeding in respect of us or our property. |
• | of any insolvency, bankruptcy, receivership, liquidation, reorganization or other similar proceedings in respect of us or our property; or |
• | that debt securities of any series are declared due and payable before their expressed maturity because of an event of default other than an insolvency, bankruptcy, receivership, liquidation, reorganization or other similar proceeding in respect of us or our property. |
• | the board of directors approved the acquisition of stock pursuant to which the person became an interested stockholder or the transaction that resulted in the person becoming an interested stockholder before the time that the person became an interested stockholder; |
• | upon consummation of the transaction that resulted in the person becoming an interested stockholder such person owned at least 85% of the outstanding voting stock of the corporation, excluding, for purposes of determining the voting stock outstanding, voting stock owned by directors who are also officers and certain employee stock plans; or |
• | the transaction is approved by the board of directors and by the affirmative vote of two-thirds of the outstanding voting stock which is not owned by the interested stockholder. |
• | the title of the debt warrants; |
• | the aggregate number of the debt warrants outstanding, if any; |
• | the number of debt warrants being offered; |
• | the price or prices at which the debt warrants will be issued; |
• | the designation, aggregate principal amount and terms of the debt securities purchasable upon exercise of the debt warrants, and the procedures and conditions relating to the exercise of the debt warrants; |
• | the designation and terms of any related debt securities with which the debt warrants are issued, and the number of the debt warrants issued with each security; |
• | the date, if any, on and after which the debt warrants and the related securities will be separately transferable; |
• | the principal amount of debt securities purchasable upon exercise of each debt warrant, and the price at which the debt securities may be purchased upon exercise; |
• | the provisions, if any, for changes to or adjustments in the exercise price; |
• | the date on which the right to exercise the debt warrants shall commence and the date on which such right shall expire; |
• | the terms, if any, on which we may accelerate the date by which the debt warrants must be exercised; |
• | the minimum or maximum amount of debt warrants that may be exercised at any one time; |
• | the currency for which the debt warrants may be purchased; |
• | information with respect to book-entry procedures, if any; |
• | the redemption or call provisions of such warrants, if any; |
• | a discussion of material U.S. federal and, if applicable, Dutch income tax considerations applicable to an investment in the debt warrants; and |
• | any other terms of the debt warrants, including terms, procedures and limitations relating to the transferability, exercise and exchange of such warrants. |
• | the title of the equity warrants; |
• | the aggregate number of the equity warrants outstanding, if any; |
• | the number of equity warrants being offered; |
• | the price or prices at which the equity warrants will be issued; |
• | the type and number of securities purchasable upon exercise of the equity warrants; |
• | the date, if any, on and after which the equity warrants and the related securities will be separately transferable; |
• | the price at which each security purchasable upon exercise of the equity warrants may be purchased; |
• | the provisions, if any, for changes to or adjustments in the exercise price; |
• | the date on which the right to exercise the equity warrants shall commence and the date on which such right shall expire; |
• | whether the equity warrants or related securities will be listed on any securities exchange; |
• | the currency for which the equity warrants may be purchased; |
• | the terms, if any, on which we may accelerate the date by which the equity warrants must be exercised; |
• | the minimum or maximum amount of equity warrants that may be exercised at any one time; |
• | information with respect to book-entry procedures, if any; |
• | any anti-dilution protection; |
• | the redemption or call provisions of such warrants, if any; |
• | a discussion of material U.S. federal income tax considerations applicable to an investment in the equity warrants; and |
• | any other terms of the equity warrants, including terms, procedures and limitations relating to the transferability, exercise and exchange of such warrants. |
• | the date of determining the persons entitled to participate in the rights distribution; |
• | the aggregate number of shares of the underlying securities purchasable upon exercise of the rights; |
• | the exercise price; |
• | the provisions, if any, for changes to or adjustments in the exercise price; |
• | the aggregate number of rights issued; |
• | the date, if any, on and after which the rights will be separately transferable; |
• | the date on which the right to exercise the rights will commence, and the date on which the rights will expire; |
• | a discussion of material U.S. federal and, if applicable, Dutch income tax considerations applicable to an investment in the rights; and |
• | any other terms of the rights, including terms, procedures and limitations relating to the distribution, exchange and exercise of the rights. |
• | the title of any series of units; |
• | identification and description of the separate constituent securities comprising the units; |
• | the price or prices at which the units will be issued; |
• | the date, if any, on and after which the constituent securities comprising the units will be separately transferable; |
• | information with respect to any book-entry procedures; |
• | a discussion of material U.S. federal and, if applicable, Dutch income tax considerations applicable to an investment in the units; |
• | whether we will apply to have the units traded on a securities exchange or securities quotation system; and |
• | any other terms of the units and their constituent securities. |
• | to or through one or more underwriters or dealers; |
• | in short or long transactions; |
• | directly by us or any selling securityholder to investors; |
• | through agents; |
• | through a combination of these methods; or |
• | through any other method permitted pursuant to applicable law. |
• | in privately negotiated transactions; |
• | in one or more transactions at a fixed price or prices, which may be changed from time to time; |
• | in one or more transactions, including “forward” transactions at a floating price or prices that may be changed from time to time; |
• | in “at-the-market offerings,” within the meaning of Rule 415(a)(4) of the Securities Act, to or through a market maker or into an existing trading market, on an exchange or otherwise; |
• | at prices related to those prevailing market prices; or |
• | at negotiated prices. |
• | the names of any underwriters, dealers, agents or other counterparties; |
• | any agency fees or underwriting discounts or commissions and other items constituting agents’ or underwriters’ compensation; |
• | any discounts or concessions allowed or reallowed or paid to dealers; |
• | details regarding over-allotment options under which underwriters may purchase additional securities from us or any selling securityholder, if any; |
• | the purchase price of the securities being offered and the proceeds we or any selling securityholder will receive from the sale; |
• | the public offering price; and |
• | the securities exchanges on which such securities may be listed, if any. |
Item 14. | Other Expenses of Issuance and Distribution |
Amount to be Paid | |||
SEC registration fee | $ * | ||
Legal fees and expenses | ** | ||
Rating agency fees | ** | ||
Accounting fees and expenses | ** | ||
Transfer agent and registrar fees and expenses | ** | ||
Trustee fees and expenses | ** | ||
Stock exchange listing fees | ** | ||
Printing costs | ** | ||
Miscellaneous | ** | ||
Total | $** | ||
* | Under Rules 456(b) and 457(r) of the Securities Act of 1933, as amended (the “Securities Act”), applicable U.S. Securities and Exchange Commission (the “SEC”) registration fees have been deferred and will be paid at the time of any particular offering of securities under this registration statement, and are therefore not estimable at this time. |
** | Because an indeterminate amount of securities is covered by this registration statement, the expenses in connection with the issuance and distribution of the securities are not currently determinable. An estimate of the aggregate amount of these expenses will be reflected in the applicable prospectus supplement or free writing prospectus. |
Item 15. | Indemnification of Directors and Officers |
Item 16. | Exhibits |
Exhibit No. | Description | ||
1.1* | Form of Underwriting Agreement. | ||
Amended and Restated Certificate of Incorporation of Upjohn Inc., effective as of November 13, 2020, filed as Exhibit 3.1 to the Report on Form 8-K filed by Viatris Inc. with the SEC on November 19, 2020, and incorporated herein by reference. | |||
Certificate of Amendment to the Amended and Restated Certificate of Incorporation of Upjohn Inc., effective as of November 16, 2020, filed as Exhibit 3.3 to the Report on Form 8-K filed by Viatris Inc. with the SEC on November 19, 2020, and incorporated herein by reference. | |||
Certificate of Amendment of Amended and Restated Certificate of Incorporation of Viatris Inc., effective as of December 15, 2023, filed by Viatris Inc. as Exhibit 3.1(c) to Form 10-K for the fiscal year ended December 31, 2023, and incorporated herein by reference. | |||
Certificate of Amendment of Amended and Restated Certificate of Incorporation of Viatris Inc., effective as of December 15, 2023, filed by Viatris Inc. as Exhibit 3.1(d) to Form 10-K for the fiscal year ended December 31, 2023, and incorporated herein by reference. | |||
Amended and Restated Bylaws of Viatris Inc., effective as of December 15, 2023, filed as Exhibit 3.1 to the Report on Form 8-K filed by Viatris Inc. with the SEC on December 15, 2023, and incorporated herein by reference. | |||
Certificate of Incorporation of Utah Acquisition Sub Inc., filed as Exhibit 3.4 to the Registration Statement on Form S-4 filed by Viatris Inc. with the SEC on September 10, 2021, and incorporated herein by reference. | |||
Bylaws of Utah Acquisition Sub Inc., filed as Exhibit 3.5 to the Registration Statement on Form S-4 filed by Viatris Inc. with the SEC on September 10, 2021, and incorporated herein by reference. | |||
Deed of Incorporation of Mylan II B.V., filed as Exhibit 3.6 to the Registration Statement on Form S-4 filed by Viatris Inc. with the SEC on September 10, 2021, and incorporated herein by reference. | |||
Amended and Restated Articles of Incorporation, as Amended, of Mylan Inc., filed as Exhibit 3.7 to the Registration Statement on Form S-4 filed by Viatris Inc. with the SEC on September 10, 2021, and incorporated herein by reference. | |||
Third Amended and Restated Bylaws, as Amended, of Mylan Inc., filed as Exhibit 3.8 to the Registration Statement on Form S-4 filed by Viatris Inc. with the SEC on September 10, 2021, and incorporated herein by reference. | |||
4.11** | Form of Senior Indenture among Viatris Inc., as issuer, the guarantors party thereto and The Bank of New York Mellon, as trustee (the “Form of Viatris Inc. Senior Indenture”). | ||
4.12** | Form of Subordinated Indenture among Viatris Inc., as issuer, the guarantors party thereto and The Bank of New York Mellon, as trustee (the “Form of Viatris Inc. Subordinated Indenture”). | ||
4.13** | Form of Junior Subordinated Indenture among Viatris Inc., as issuer, the guarantors party thereto and The Bank of New York Mellon, as trustee (the “Form of Viatris Inc. Junior Subordinated Indenture”). | ||
Exhibit No. | Description | ||
Indenture, dated November 29, 2013, between Mylan Inc. and The Bank of New York Mellon, as trustee, filed as Exhibit 4.1 to the Report on Form 8-K filed by Mylan Inc. with the SEC on November 29, 2013, and incorporated herein by reference. | |||
First Supplemental Indenture, dated November 29, 2013, between Mylan Inc. and The Bank of New York Mellon, as trustee, filed as Exhibit 4.2 to the Report on Form 8-K filed by Mylan Inc. with the SEC on November 29, 2013, and incorporated herein by reference. | |||
Second Supplemental Indenture, dated February 27, 2015, among Mylan Inc., as issuer, Mylan N.V., as guarantor, and The Bank of New York Mellon, as trustee, to the Indenture, dated November 29, 2013, filed as Exhibit 4.6 to the Report on Form 8-K filed by Mylan N.V. with the SEC on February 27, 2015, and incorporated herein by reference. | |||
Third Supplemental Indenture, dated March 12, 2015, between and among Mylan Inc., as issuer, Mylan N.V., as parent, and The Bank of New York Mellon, as trustee, to the Indenture, dated November 29, 2013, filed by Mylan N.V. as Exhibit 4.5(b) to Form 10-Q for the quarter ended March 31, 2015, and incorporated herein by reference. | |||
Fourth Supplemental Indenture dated November 16, 2020, by and among Mylan Inc., Viatris Inc., Utah Acquisition Sub Inc., Mylan II B.V. and The Bank of New York Mellon, as trustee, to the Indenture dated November 29, 2013, by and between Mylan Inc. and The Bank of New York Mellon, as trustee, filed as Exhibit 4.7 to the Report on Form 8-K/A filed by Viatris Inc. with the SEC on November 19, 2020, and incorporated herein by reference. | |||
Indenture, dated as of June 9, 2016, among Mylan N.V., as issuer, Mylan Inc., as guarantor, and The Bank of New York Mellon, as trustee, filed as Exhibit 4.1 to the Report on Form 8-K filed by Mylan N.V. with the SEC on June 15, 2016, and incorporated herein by reference. | |||
First Supplemental Indenture dated November 16, 2020, by and among Viatris Inc., Utah Acquisition Sub Inc., Mylan II B.V., Mylan Inc. and The Bank of New York Mellon, as trustee, to the Indenture dated June 9, 2016, by and among Mylan N.V., Mylan Inc. and The Bank of New York Mellon, as trustee, filed as Exhibit 4.4 to the Report on Form 8-K/A filed by Viatris Inc. with the SEC on November 19, 2020, and incorporated herein by reference. | |||
Indenture, dated November 22, 2016, among Mylan N.V., as issuer, Mylan Inc., as guarantor, and Citibank, N.A., London Branch, as trustee, paying agent, transfer agent, registrar and calculation agent, filed by Mylan N.V. as Exhibit 4.9 to Form 10-K for the fiscal year ended December 31, 2016, and incorporated herein by reference. | |||
First Supplemental Indenture dated November 16, 2020, by and among Viatris Inc., Utah Acquisition Sub Inc., Mylan II B.V., Mylan Inc. and Citibank, N.A., London Branch, as trustee, paying agent, transfer agent, and registrar to the Indenture dated November 22, 2016, by and among Mylan N.V., Mylan Inc. and Citibank, N.A., London Branch, as trustee, paying agent, transfer agent, registrar and calculation agent, filed as Exhibit 4.5 to the Report on Form 8-K/A filed by Viatris Inc. with the SEC on November 19, 2020, and incorporated herein by reference. | |||
Indenture, dated as of April 9, 2018, among Mylan Inc., as issuer, Mylan N.V., as guarantor, and The Bank of New York Mellon, as trustee, filed as Exhibit 4.1 to the Report on Form 8-K filed by Mylan N.V. with the SEC on April 9, 2018, and incorporated herein by reference. | |||
Exhibit No. | Description | ||
First Supplemental Indenture dated November 16, 2020, by and among Mylan Inc., Viatris Inc., Utah Acquisition Sub Inc., Mylan II B.V. and The Bank of New York Mellon, as trustee, to the Indenture dated April 9, 2018, by and among Mylan Inc., Mylan N.V. and The Bank of New York Mellon, as trustee, filed as Exhibit 4.8 to the Report on Form 8-K/A filed by Viatris Inc. with the SEC on November 19, 2020, and incorporated herein by reference. | |||
Indenture, dated as of May 23, 2018, among Mylan Inc., as issuer, Mylan N.V., as guarantor and Citibank, N.A., London Branch, as trustee, paying agent, transfer agent and registrar, filed as Exhibit 4.1 to the Report on Form 8-K filed by Mylan N.V. with the SEC on May 23, 2018, and incorporated herein by reference. | |||
First Supplemental Indenture dated November 16, 2020, by and among Mylan Inc., Utah Acquisition Sub Inc., Mylan II B.V., Viatris Inc. and Citibank, N.A., London Branch, as trustee, paying agent, transfer agent, and registrar, to the Indenture dated May 23, 2018, by and among Mylan Inc., Mylan N.V. and Citibank, N.A., London Branch, as trustee, paying agent, transfer agent, and registrar, filed as Exhibit 4.9 to the Report on Form 8-K/A filed by Viatris Inc. with the SEC on November 19, 2020, and incorporated herein by reference | |||
Indenture, dated as of June 22, 2020, between Upjohn Inc., as issuer, and The Bank of New York Mellon, as trustee, filed as Exhibit 4.1 to the Report on Form 8-K filed by Upjohn Inc. with the SEC on June 26, 2020, and incorporated herein by reference. | |||
First Supplemental Indenture dated November 16, 2020, by and among Viatris Inc., Utah Acquisition Sub Inc., Mylan II B.V., Mylan Inc. and The Bank of New York Mellon, as trustee, to the Indenture dated June 22, 2020, by and among Viatris Inc. and The Bank of New York Mellon, as trustee, filed as Exhibit 4.1 to the Report on Form 8-K/A filed by Viatris Inc. with the SEC on November 19, 2020, and incorporated herein by reference. | |||
Indenture, dated as of June 23, 2020, among Upjohn Finance B.V., as issuer, Upjohn Inc., as guarantor, and Citibank, N.A., London Branch, as trustee, transfer agent, paying agent and registrar, filed as Exhibit 4.9 to the Report on Form 8-K filed by Upjohn Inc. with the SEC on June 26, 2020, and incorporated herein by reference. | |||
First Supplemental Indenture dated November 16, 2020, by and among Upjohn Finance B.V., Viatris Inc., Utah Acquisition Sub Inc., Mylan II B.V., Mylan Inc. and Citibank, N.A., London Branch, as trustee, paying agent, transfer agent, and registrar, to the Indenture dated June 23, 2020, by and among Upjohn Finance B.V., Viatris Inc. and Citibank, N.A., London Branch, as trustee, paying agent, transfer agent, and registrar, filed as Exhibit 4.2 to the Report on Form 8-K/A filed by Viatris Inc. with the SEC on November 19, 2020, and incorporated herein by reference. | |||
4.21* | Form of Viatris Inc. Debt Security. | ||
4.22* | Form of Certificate for Preferred Stock of Viatris Inc. | ||
4.23* | Form of Warrant Agreement. | ||
4.24* | Form of Warrant Certificate. | ||
4.25* | Form of Rights Agreement. | ||
Opinion of Cravath, Swaine & Moore LLP. | |||
5.2** | Opinion of NautaDutilh N.V. | ||
Exhibit No. | Description | ||
Opinion of Parker Poe Adams & Bernstein LLP. | |||
List of subsidiary guarantors and issuers of guaranteed securities, filed as Exhibit 22 to the Report on Form 10-K filed by Viatris Inc. with the SEC on February 27, 2025, and incorporated herein by reference. | |||
23.1** | Consent of Deloitte & Touche LLP, independent registered public accounting firm. | ||
Consent of Cravath, Swaine & Moore LLP (included as part of Exhibit 5.1). | |||
23.3** | Consent of NautaDutilh N.V. (included as part of Exhibit 5.2). | ||
Consent of Parker Poe Adams & Bernstein LLP (included as part of Exhibit 5.3). | |||
24.1** | Powers of Attorney (included in signature pages). | ||
Statement of Eligibility on Form T-1 under the Trust Indenture Act of 1939, as amended, of The Bank of New York Mellon, as trustee, with respect to the Form of Viatris Inc. Senior Indenture. | |||
Statement of Eligibility on Form T-1 under the Trust Indenture Act of 1939, as amended, of The Bank of New York Mellon, as trustee, with respect to the Form of Viatris Inc. Subordinated Indenture. | |||
Statement of Eligibility on Form T-1 under the Trust Indenture Act of 1939, as amended, of The Bank of New York Mellon, as trustee, with respect to the Form of Viatris Inc. Junior Subordinated Indenture. | |||
107.1** | Filing Fee Table. | ||
* | To be filed by amendment or incorporated by reference in connection with the offering of a particular class or series of securities. |
** | Filed herewith. |
Item 17. | Undertakings |
(a) | Each of the undersigned registrants hereby undertakes: |
(1) | To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: |
(i) | To include any prospectus required by Section 10(a)(3) of the Securities Act; |
(ii) | To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and |
(iii) | To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement; |
(2) | That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. |
(3) | To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. |
(4) | That, for the purpose of determining liability under the Securities Act to any purchaser: |
(i) | Each prospectus filed by the registrants pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and |
(ii) | Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing the information required by Section 10(a) of the Securities Act shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date. |
(5) | That, for the purpose of determining liability of the registrants under the Securities Act to any purchaser in the initial distribution of the securities, the undersigned registrants undertake that in a primary offering of securities of the undersigned registrants pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrants will be sellers to the purchaser and will be considered to offer or sell such securities to such purchaser: |
(i) | Any preliminary prospectus or prospectus of the undersigned registrants relating to the offering required to be filed pursuant to Rule 424 under the Securities Act; |
(ii) | Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrants or used or referred to by the undersigned registrants; |
(iii) | The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrants or their securities provided by or on behalf of the undersigned registrants; and |
(iv) | Any other communication that is an offer in the offering made by the undersigned registrants to the purchaser. |
(6) | That, for purposes of determining any liability under the Securities Act, each filing of the registrants’ annual reports pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. |
(7) | Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrants pursuant to the foregoing provisions, or otherwise, the registrants have been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrants of expenses incurred or paid by a director, officer or controlling person of the registrants in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrants will, unless in the opinion of their counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue. |
(8) | That, for purposes of determining any liability under the Securities Act: |
(i) | the information omitted from the form of prospectus filed as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the registrants pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of this registration statement as of the time it was declared effective; and |
(ii) | each post-effective amendment that contains a form of prospectus shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. |
(9) | To file an application for the purpose of determining the eligibility of the trustee to act under subsection (a) of Section 310 of the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”), in accordance with the rules and regulations prescribed by the SEC under Section 305(b)(2) of the Trust Indenture Act. |
VIATRIS INC. | ||||||
By: | /s/ Theodora Mistras | |||||
Name: Theodora Mistras | ||||||
Title: Chief Financial Officer | ||||||
Signature | Title | Date | ||||
/s/ Scott A. Smith | Chief Executive Officer and Director (Principal Executive Officer) | May 8, 2025 | ||||
Scott A. Smith | ||||||
/s/ Theodora Mistras | Chief Financial Officer (Principal Financial Officer) | May 8, 2025 | ||||
Theodora Mistras | ||||||
/s/ Paul Campbell | Chief Accounting Officer and Corporate Controller (Principal Accounting Officer) | May 8, 2025 | ||||
Paul Campbell | ||||||
/s/ Melina Higgins | Chair of the Board of Directors | May 8, 2025 | ||||
Melina Higgins | ||||||
/s/ W. Don Cornwell | Director | May 8, 2025 | ||||
W. Don Cornwell | ||||||
/s/ JoEllen Lyons Dillon | Director | May 8, 2025 | ||||
JoEllen Lyons Dillon | ||||||
/s/ Elisha Finney | Director | May 8, 2025 | ||||
Elisha Finney | ||||||
/s/ Leo Groothuis | Director | May 8, 2025 | ||||
Leo Groothuis | ||||||
Signature | Title | Date | ||||
/s/ James M. Kilts | Director | May 8, 2025 | ||||
James M. Kilts | ||||||
/s/ Harry A. Korman | Director | May 8, 2025 | ||||
Harry A. Korman | ||||||
/s/ Rajiv Malik | Director | May 8, 2025 | ||||
Rajiv Malik | ||||||
/s/ Richard A. Mark | Director | May 8, 2025 | ||||
Richard A. Mark | ||||||
/s/ Mark W. Parrish | Vice Chair and Director | May 8, 2025 | ||||
Mark W. Parrish | ||||||
/s/ Rogério V. Coelho | Director | May 8, 2025 | ||||
Rogério V. Coelho | ||||||
MYLAN INC. | ||||||
By: | /s/ John Miraglia | |||||
Name: John Miraglia | ||||||
Title: President and Treasurer | ||||||
Signature | Title | Date | ||||
/s/ John Miraglia | President, Treasurer and Director (Principal Executive Officer) | May 8, 2025 | ||||
John Miraglia | ||||||
/s/ Theodora Mistras | Chief Financial Officer (Principal Financial Officer) | May 8, 2025 | ||||
Theodora Mistras | ||||||
/s/ Paul Campbell | Chief Accounting Officer and Corporate Controller (Principal Accounting Officer) | May 8, 2025 | ||||
Paul Campbell | ||||||
/s/ Michael Rainerman | Director | May 8, 2025 | ||||
Michael Rainerman | ||||||
MYLAN II B.V. | ||||||
By: | /s/ John Miraglia | |||||
Name: John Miraglia | ||||||
Title: Director | ||||||
MYLAN II B.V. | ||||||
By: | /s/ John Miraglia | |||||
Name: John Miraglia | ||||||
Title: Director | ||||||
Signature | Title | Date | ||||
/s/ John Miraglia | Director | May 8, 2025 | ||||
John Miraglia | ||||||
/s/ Michael Rainerman | Director | May 8, 2025 | ||||
Michael Rainerman | ||||||
UTAH ACQUISITION SUB INC. | ||||||
By: | /s/ Michael Rainerman | |||||
Name: Michael Rainerman | ||||||
Title: President and Secretary | ||||||
Signature | Title | Date | ||||
/s/ Michael Rainerman | President, Secretary and Director (Principal Executive Officer) | May 8, 2025 | ||||
Michael Rainerman | ||||||
/s/ Howard Meyer | Treasurer, Vice President and Director (Principal Financial Officer and Principal Accounting Officer) | May 8, 2025 | ||||
Howard Meyer | ||||||